Federal Employment Taxes

Social Security and Medicare represent almost 40% of total government receipts and enforcement action for non-compliance can be swift and brutal. Our practice can provide assistance with compliance issues related to federal employment taxes.

These services aim to help you understand and comply with the IRS’s stringent federal employment tax requirements. This is one area of the tax law that every employer should understand intricately because the penalties are staggering and owners, officers, directors and even accountants and bookkeepers can be held personally responsible when federal employment taxes are not paid in a timely manner. Understanding the payment and reporting due dates is essential to keeping your business operational.

We can help clients with:

  • Registering with the IRS and EFTPS
  • Preparation of quarterly and annual payroll tax returns
  • Deciphering complexities in employee benefit programs
  • Provide representation in complex areas related to federal employment tax
  • Complying with federal wage and hour laws

Most services a business needs related to federal employment taxes are included with our payroll service. Clients may also benefit from this service in complying with their state employment tax obligations.

If you need assistance understanding your federal employment tax obligations or if you have fallen out of compliance with the regulations related to federal employment taxes, we can help you get back on track.

Podraza CPA's federal employment tax practice is a comprehensive service that aims to help you understand and comply with the IRS's stringent employment tax requirements.